ASSUMABLE 2.875% FHA loan with approximately 25 years remaining; a RARE opportunity to secure financing far below today's market rates. For investors or house hackers, this creates the chance to step into a significantly lower monthly payment while building equity in one of Iowa's most stable rental markets near Iowa State University. Letter of Compliances already taken care of. This well maintained duplex features two units, each offering 2 bedrooms and 1 full bathroom, laundry in both units, along with a detached 2 car garage and a practical, tenant friendly layout. Each unit has separate mechanicals and separate utility meters, allowing tenants to pay their own utilities and simplifying management for the owner. The property has been thoughtfully updated with new luxury vinyl plank flooring, fresh interior paint, and improved landscaping, giving it a clean and updated feel. The owner has also completed several meaningful capital improvements, including installing a brand new city water line to the property and replacing the roof on the detached garage along with new high-quality gutters and gutter guards; significant upgrades already taken care of for the next owner. All appliances are included and vinyl windows make this a turnkey investment ready for immediate occupancy or rental income. Whether you're looking to house hack by living in one unit and renting the other or add a solid performing property to your portfolio, this duplex offers strong fundamentals, low-maintenance updates, and the rare advantage of an assumable 2.875% mortgage. (to qualify for assumable mortgage you have to live in one side) Call agent today for your showing and more info!!

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